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Vagit Alekperov

Vagit Alekperov

For a quarter of a century LUKOIL has travelled a long way from a domestic vertically integrated oil company up to a major player of the global energy market. At all times and whatever the situation might be, we follow a simple logic: for decent living, people all around the world need food, heat and mobility in the first place. We can provide that and we know how to do it, keeping the balance between aspirations of the society and interests of shareholders and every employee of the company. Our development is based on the experience of several generations, technological progress, strategic planning and social responsibility. As the company’s motto reads, LUKOIL is “always moving forward”, and that’s the principle behind our business.

​Current position and memberships:

  • PJSC LUKOIL President and CEO

  • Executive member of PJSC LUKOIL’s Board of Directors​

  • Chairman of PJSC LUKOIL Management Committee

Year of birth: 1950

Career:​​

  • 1974 — graduated from the Azerbaijan Oil and Chemistry Institute named after M.Azizbekov. 

  • Doctor of Economy, full member of the Russian Academy of Natural Sciences. Honored Worker of the Fuel and Energy Sector, Honored Oiler. Decorated with five orders, eight medals, and awarded the Diploma of Merit and Commendation of the Russian President on two occasions. A two —​ time Laureate of the Russian Government award.

  • In 1968 started to work at the oilfields in Azerbaijan and West Siberia. 

  • 1987—1990 — General Director of Production Association Kogalymneftegaz. Head of Tyumen Oil and Gas Agency of the USSR Ministry of Oil and Gas Industry. 

  • 1990—1991 — Deputy, First Deputy Minister of the Oil and Gas Industry of the Soviet Union.

  • 1992—1993 — President of Langepasuraikogalymneft oil concern.

  • 1993—​2000 — Chairman of OAO LUKOIL Board of Directors. Since 1993 —​ President of OAO LUKOIL.​

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